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Book part
Publication date: 10 July 2019

Saad Haj Bakry and Zeyad Haj Bakry

From Europe moving forward into Asia, the Silk Road has the Gulf Cooperation Countries (GCC) on the way. These countries alphabetically include: “Bahrain, Kuwait, Oman, Qatar…

Abstract

From Europe moving forward into Asia, the Silk Road has the Gulf Cooperation Countries (GCC) on the way. These countries alphabetically include: “Bahrain, Kuwait, Oman, Qatar, Saudi Arabia, and the United Arab Emirates.” While these countries have long been dependent on oil for development, they are currently planning to reduce this dependence and consider innovation as an important mean for future development. This chapter explores the past progress of innovation in the GCC countries; and highlights future directions ahead. In this respect two end countries of the Silk Road, Italy and China, are also considered. The chapter views innovation from the wide angle of the Global Innovation Index, which has 7 main dimensions, consisting of 21 sub-dimensions, which are refined into 81 international indicators. An approach for looking into the current state, the past progress, and the future directions of innovation in the countries concerned is developed and followed using available data. Although the outcome is based on the currently available data, the approach can be re-used for newer data providing continuous benefits to directing future development.

Details

The New Silk Road Leads through the Arab Peninsula: Mastering Global Business and Innovation
Type: Book
ISBN: 978-1-78756-680-4

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Book part
Publication date: 10 July 2019

Anna Visvizi, Miltiadis D. Lytras, Wadee Alhalabi and Xi Zhang

Abstract

Details

The New Silk Road Leads through the Arab Peninsula: Mastering Global Business and Innovation
Type: Book
ISBN: 978-1-78756-680-4

Book part
Publication date: 10 July 2019

Anna Visvizi, Miltiadis D. Lytras, Wadee Alhalabi and Xi Zhang

In as much as it is contested, the Belt and Road Initiative (BRI) is also unexplored, underdiscussed, and, as a result, misunderstood. Frequently viewed through the lens of…

Abstract

In as much as it is contested, the Belt and Road Initiative (BRI) is also unexplored, underdiscussed, and, as a result, misunderstood. Frequently viewed through the lens of international relations and global economy, the diverse dimensions of collaboration, including business and research-industry clusters, that BRI enhances, tend to be excluded from the analysis. In a similar manner, the role of the Arab Peninsula in the grand strategy underpinning BRI and its implementation is rarely discussed. BRI is a forward-oriented initiative, an attempt to reap benefits of developments and circumstances that are only nascent. This bears two potent implications. First, as China attempts to influence the context in which it operates, it is subject to change itself; the Chinese business sector evolution attests to that. Second, some of China’s not so obvious partners of today, including those in the Arab Peninsula, are about to turn into key interlocutors of tomorrow. BRI taps into opportunities thus created. This chapter elaborates on these issues and, against this backdrop, outlines how the remaining chapters included in this volume add to this discussion.

Details

The New Silk Road Leads through the Arab Peninsula: Mastering Global Business and Innovation
Type: Book
ISBN: 978-1-78756-680-4

Keywords

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